Market Analysis of NASDAQ on Friday 12 January 2024

2024-01-12 09:56Source:BtcDana

Nasdaq 100 (CME)‎ (H4)‎ Intraday: intraday support around 16890.00.

 

Pivot:

16890.00

 

Our preference:

Long positions above 16890.00 with targets at 17050.00 & 17125.00 in extension.

 

Alternative scenario:

Below 16890.00 look for further downside with 16810.00 & 16750.00 as targets.

 

Comment:

The next resistances are at 17050.00 and then at 17125.00.

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